Reconciling your business bank account monthly ensures you’ve correctly accounted for all transactions. It’s also the best way to catch and correct any missed or potentially fraudulent transactions.

Reconciling your bank transactions to your business book is essential to the financial health of your company. However, if you’ve never reconciled your company’s transactions before, the process can ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Khadija Khartit is a strategy, investment, ...

Accurate records are necessary for business finances. Bank reconciliation is an important part of this, as otherwise company records can quickly become out of synch with bank records and create ...